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Updated about 4 years ago,

Account Closed
  • Investor
  • Butler PA
8
Votes |
50
Posts

How do I manage my first rental property?

Account Closed
  • Investor
  • Butler PA
Posted

I bought a house with my VA loan in Jacksonville NC and was hoping to have it rented by October. However Hurricane Florence threw a wrench in those plans! My insurance is covering repairs which should be done in a couple weeks. I want to manage the property on my own but am looking for suggestions on how to market? Also once I do screen and choose a tenant, what legalities need to be put in place to ensure I get paid, my tenant is happy and I don't lose my butt if the place gets trashed... (Fingers crossed) Of course I need a contract but other than a good contract what else do I need to be aware of? Also what makes a good contract and where do I get one? I'm a newbie I could list a million more questions but I hope your answers lead me in the right direction! Thanks!

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